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Vessels, net (Tables)
 12 Months Ended
Dec. 31, 2021
Vessels Net  
Vessels, net (Table)

  Vessel cost Accumulated depreciation Net book value
Balance as at January 1, 2020 $ 748,819 $ (171,928) $ 576,891
Vessel acquisitions   162,600   —   162,600
Improvements   11,601   —   11,601
Depreciation for the year   —   (38,895)   (38,895)
Balance as at December 31, 2020 $ 923,020 $ (210,823) $ 712,197
Vessel acquisitions   1,256,858   —   1,256,858
Vessel disposals   (180,358)   36,123   (144,235)
Improvements   374   —   374
Depreciation for the year   —   (43,336)   (43,336)
Balance as at December 31, 2021 $ 1,999,894 $ (218,036) $ 1,781,858
Vessels, net - Disposals (Table)
  M/V CMA CGM Magdalena     M/V Adonis     Total
Sale price $ 99,000   $ 96,000   $ 195,000
Carrying value on sale   (71,598)     (72,637)     (144,235)
Other sale expenses   (2,018)     (1,935)     (3,953)
Gain on sale $ 25,384   $ 21,428   $ 46,812